The judge overseeing Detroit's bankruptcy-filing will allow Detroit property owners to file tax appeals despite a stay preventing all legal action against the city while it is in bankruptcy court.
Detroit officials will assess the value of all city owned assets, including the Detroit-Windsor Tunnel and part of the Detroit Institute of Arts collection as part of the city's efforts to restructure.
In a high-stakes hearing in Detroit's bankruptcy filing, a judge approved a city plan to form a creditors' committee of retired workers, but gave unions and pension funds that opposed the plan a measure of satisfaction by declaring an independent trustee - and not the city - will select committee members.